Delta Air Lines (DAL) Price to Book (2009 - 2026)
Delta Air Lines' (DAL) quarterly Price to Book came in at 2.82 in Q2 2026, up 53.34% on a YoY basis from 1.84 in Q2 2025, and up 31.72% quarter-over-quarter from 2.14 in Q1 2026.
Analysis
Delta Air Lines (DAL) Price to Book (2009 - 2026) Analysis & Trends
Delta Air Lines (DAL) has reported Price to Book for 18 consecutive years, with 2.82 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Book rose 53.34% year-over-year to 2.82; the trailing twelve-month figure through Jun 2026 stood at 2.82 (up 53.34% YoY), and the FY2025 full-year result was 2.17, down 14.94% from the prior year.
- Price to Book rose to 2.82 in Q2 2026 per DAL's latest filing, from 2.14 in the prior quarter.
- Across five years, Price to Book topped out at 8.48 in Q1 2022 and bottomed at 1.84 in Q2 2025.
- Historically, Price to Book has averaged 3.1 across 5 years, with a median of 2.57 in 2023.
- The sharpest annual moves came in 2022 and 2026: Price to Book sank 86.76% in 2022, then jumped 53.34% in 2026.
- Over 5 years, Price to Book stood at 3.2 in 2022, then retreated by 27.2% to 2.33 in 2023, then climbed by 9.65% to 2.56 in 2024, then decreased by 14.94% to 2.17 in 2025, then increased by 29.89% to 2.82 in 2026.
- According to Business Quant data, Price to Book over the past three periods registered 2.82, 2.14, and 2.17 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 52.71 Bn | 48.04 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 28.90 Bn | 24.96 Bn | - |
| 3 | Southwest Airlines | 19.37 Bn | 15.58 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.44 Bn | 4.18 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.69 Bn | 2.03 Bn | 3.76 Bn |
| 6 | Skywest | 3.85 Bn | 3.25 Bn | 1.01 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.30 Bn | 1.27 Bn | - |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn |
| 9 | Jetblue Airways | 1.75 Bn | -274.49 Mn | 2.32 Bn |
| 10 | Frontier Group Holdings | 1.37 Bn | 416.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.82 |
| Mar 31, 2026 | 2.14 |
| Dec 31, 2025 | 2.17 |
| Sep 30, 2025 | 1.97 |
| Jun 30, 2025 | 1.84 |
| Mar 31, 2025 | 1.84 |
| Dec 31, 2024 | 2.56 |
| Sep 30, 2024 | 2.40 |
| Jun 30, 2024 | 2.47 |
| Mar 31, 2024 | 2.77 |
| Dec 31, 2023 | 2.33 |
| Sep 30, 2023 | 2.58 |
| Jun 30, 2023 | 3.78 |
| Mar 31, 2023 | 3.59 |
| Dec 31, 2022 | 3.20 |
| Sep 30, 2022 | 3.92 |
| Jun 30, 2022 | 4.87 |
| Mar 31, 2022 | 8.48 |
| Dec 31, 2021 | 6.43 |
| Sep 30, 2021 | 10.46 |